What is Digg?77 Comments
- chrisdelta, on 10/12/2007, -1/+5Open up the reserves? Destroy what little unpolluted land we have left? Yes Phil, that's a great idea.
- mikerm19, on 10/12/2007, -0/+2I'm so sick of everyone comparing gas prices and saying America is the cheapest. Stop it, your swimming in your ignorance.
1. If you compare all the other factors it goes into the gas budget, it works out the same.
2. The numbers are different, but the actual cost is about the same.
Yes, it could be $2.50 a gallon here in the US, it could be $5 a gallon in the UK. But take a look at this for a minute. 1. The taxes are going to be different. 2. Your used to it being higher so your cost of living is adjusted for that. If the UK's gas prices went up to 7 or 8 they would be bitching too. I would be willing to bet the cost of living is lower in the UK, therefore needing the same amount of money to affored gas.
You cannot compare gas prices to other countries because thier money and government is completely different. It's like comparing apples to carrots. Nothing is similar.
America is bitching because the gas prices are going up, but the cost of living isn't going down, so it is harder on our budgets. If you moved to America, you would see overall that your spending less on gas, but your spending more on living.
You have to take into account a lot when you compare gas prices. How often do you fill up? How much do you fill up? What are the other costs? What are the taxes?
I swear, most people are just so ignorant that they don't think of this simple crap. It's called common sense. USE IT.
No, don't correct my spelling or grammer, I couldn't care less. Just open your eyes for once. - sparrow, on 10/12/2007, -0/+1Come off it, America has some of the lowest prices around. Canada, were paying $1.16 a litre, and in Europe there paysing around 2 euros. You pay almost nothing compared to most of the world. And where I live, it's not 60 miles to school, but it is an 8 hour drive to the nearest city.
- altjason, on 10/12/2007, -0/+1Running out and getting gas all at once is idiotic. The price will just rise further. We're in a climbing market. Once the price goes up, it's highly unlikely to go down. So it's best to play calm and ease demand. Spiking it will just raise the price faster.
Gas prices are lowest in the U.S. because 1)global supply chains link to us because we are the biggest consumer (total and per capita), 2)taxes are relatively low (especially compared to Europe), and 3)U.S. regulations do not specify a lot of expensive additives (though some states use a little). The reason other parts of the world have such expensive gas is because of 1)incredibly high taxes (I'm thinking of EU economies), hiked demand due to government reserves (I'm thinking of China and the U.S.), and government price controls (which feeds short term supply to where the price is highest, but creates long-term shortages. This is just inefficient, hence more expensive).
The Alaskan reserves are relatively small pie when compared to U.S. consumption. We use over 20 million mpd - 6.72 billion barrels a year. That's almost a quarter of global output. Alaska has at most 13.2 bbo, according to the USGS. The P90 estimate is under 10 bbo (much more realistic). Assuming the best, we could run exclusively off Alaskan reserves for 2 years.
The U.S. reserves are really for the military and essential services. Any president would be foolish to use them on regular commerce. The "worst" that might happen is the government borrows off their supply. Like the SS Trust Fund, this would of course be temporary ;) - jtusa, on 10/12/2007, -1/+2cjsan-
The metric system actually makes a lot more sense than the American system, and you spelled retarded wrong, you retard. - Mofo, on 10/12/2007, -0/+1"Stop complaining America pays less for gasoline" STFU! There's a reason for that, it's not taxed to ***** like other countries that need to pay for their socialist style governments. Those countries also tax tobacco very heavily. You know why American tobacco and fuels aren't taxed as much in America? Because we have the largest economy (which generates enough tax revenue that we don't need to tax as much at the pump) in the world as well as significant oil reserves of our own so we don't need to tax it as much. America also has 300 million people to tax so guess what! The tax doesn't need to be as high as countries with smaller populations! WOW what a concept. The federal gov charges 18.4 cents a gallon and states vary from 8-42 cents a gallon. Yes we need to drill more, yes we need to build more refineries. Precious Alaska, never mind what the people of Alaska want but rather protect 2000/19000000 or 1.05%! acres of Alaskan wilderness they have never seen and most likely will never see unless they travel 800 miles to the top of arctic Alaska. If we had never bought Alaska from the Russians, it damn well would have been drilled, mined, and logged to ***** by now. But let's all keep complaining and pointing the finger instead of doing anything.
- SuperRob, on 10/12/2007, -1/+2It's just been announced that oil prices just hit over $70 a barrel.
- inactive, on 10/12/2007, -0/+1"Oil futures surge above $70 a barrel
Prices up $4 as Katrina forces oil producers to cut output"
http://www.msnbc.msn.com/id/5612507/ - digit9, on 10/12/2007, -0/+0I can't recall where I read this, but some people are predicting prices going up to $3,00/gal by the end of the year and up top $5.00/gal within 2 years.
I think the title of this digg should've been "Buy a bike".
Seriously though, I plan on driving as little as possible and try to condense my trips as much as possible.
The high gas prices won't kill me, though it will keep me from buying an SUV.
I agree with the comments about getting the oil monkey off our backs. I mean if we could send men to the moon in the 60s why can't we develop better alternative fuel sources in 2005 and get them to market? - inactive, on 10/12/2007, -0/+0mofo: I think you're missing the point, we're not complaining that America pays less for fuel, its you guys that are complaining about $2.50 per gallon prices when the rest of the world has been paying more for years and yes taking into account taxes etc...
- shack95, on 10/12/2007, -0/+0As EVERYONE has been stating, and one of the article's finally mentioned:
"The U.S. has ample crude oil supplies, even if major hurricane destruction trims Gulf oil output and foreign imports, but refining capacity is extraordinarily tight."
I'm shocked why everyone keeps mentioning that we have to go start digging in Alaska (every Politician has said this). When everyone who knows whats going on has stated that the US - NEEDS REFINERIES!!!
Bush also took it upon himself to make sure the US reserves were filled to the brim right after he took office, and continues to make sure they are filled first, before any of the oil is released to the public. - menace303, on 10/12/2007, -0/+03.09 in Hollywood, CA *sigh*
- reaver, on 10/12/2007, -0/+0Hate to say it, but I told you so.
- adml_shake, on 10/12/2007, -0/+0Most of the people oh here telling the US to shut up because they have it worse off also have a better mass transit systems in their countries. We depend on our cars more than they do just to get on with our daily lives.
- dinki, on 10/12/2007, -0/+0"just another excuse for high gas prices"
Actually it's not. Most spikes in oil prices is due to speculation (like when the King of Saudi Arabia died, a higher than normal predicted hurricanes, etc), but a hurricane in the Gulf of Mexico is by no means speculation.
I work for a company that does seafloor mapping. Many of our clients are Oil & Gas companies. Last year, Hurricane Ivan caused massive damage to the pipeline network in the GoM. We surveyed some pipelines that had deviated over a mile from their laid positions. Some production platforms collapsed. As you might surmise, this sort of disruption indeed SHOULD affect the price of oil as the supply is cut but the demand remains the same. - DoctorL1337, on 10/12/2007, -0/+0yeah Phasm damn minimum wage is what gets me well I'm 17 and make a whole 5.75 an hour and it is about a 8 mile drive each way to work then i have to drive to school which is about 4 or 5 miles away all in a truck which i got got very cheap from my uncle but anyway i spend over half of my paycheck in gas i now put in at least 30 a week plus then the cost of insurance which is about 100 bucks a month and cell phone in case something would happen and i need help or what have u another 45 a month and other things like food. after that i have nothing left which sucks cuz then when I'm not work i have nothing to do but hang out cuz i have no money left.
- Phasm, on 10/12/2007, -0/+0Couldn't have said it any better, mikerm19! The town I live in now, has housing prices sky-rocketing (mind you, these homes are 50 years old, and cost about 300-800k usd [some for two fricken bedrooms!]). Yet people are getting scared now, as their daily commute is killing them due to the gas prices, with high cost of living, and un-changing wages. Don't forget minimum wage in this country hasn't been changed in YEARS ('97, I believe), which is quite ridiculous!
- thecapitalizt, on 10/12/2007, -0/+0CNG anyone? I really really wish I had a natural gas line where I live. Read an article in the NY times, you can now get a device called a phill which pressurizes CNG from your line to the 3500 PSI requried for a car (like a honda civic or a Sierra or a silverado. apparently others can also be converted) for $3000-5000, or rent one for $40 a month. Why on earth would you want to do that? well, the equivalent CNG for a gallon of gas is $1.37 in california, now compare that to the pump. Part of it is due to road taxes (you fuel in your home, they don't tax for now), but also cause we get something like 98% of our natural gas domestically.
Oh, and did I mention you can drive in HOV lanes with only one person in the car? - forceflow2, on 10/12/2007, -2/+2chris, you should know that if trees had the chance they would murder you and your entire family. We need proactive action. Who cares about opening the reserves for oil, we need to stop this tree menace before it is too late.
- SuperRob, on 10/12/2007, -1/+1"come on how old is this one hurricane is not going to shoot gas up 6 dollars a barrel."
Because it's a handy excuse to further raise prices. That's it, really. I'll be filing up my Metro on the way home tonight. - rewritable, on 10/12/2007, -0/+0Boy I tell you what.... This ***** is getting to be rediculos. What we need is a new revolution in this country. Stop selling our fuel to other nations and use what we got for a while. Then in the mean time FORCE the auto makers who sell cars here to switch all new vehicles to ethanol. Then invest greatly in the production of it until it become mainstream and gasonline becomes a rariety. THEN we will see the good a decent people of the US (farmers) making a pretty good living and there WILL NEVER be a shortage of fuel for our vehicles as long as Indiana, Illinois, and Iowa are on this green earth. I think Indiana could support the whole country because that is all I see here.....miles and miles of corn.
- aaronlidman, on 10/12/2007, -1/+1just another excuse for high gas prices
- inactive, on 10/12/2007, -1/+1high five on the pun
- AhronZombi, on 10/12/2007, -0/+0stop crying about gas. thats what they want you to do
- spunkz, on 10/12/2007, -1/+1Uhm, how about sticking to your normal gas schedule instead of hotshotting the situation. If everyone filled up their tanks now THAT would cause a higher price increase than Katrina. That's how Supply and Demand works folks.
- joker, on 10/12/2007, -1/+1an old article, but still relevant. As sparrow says, we're still paying some of the lowest gas prices in the world. (and I'll still keep my big SUV, just put 28 gallons in it!)
http://www.townhall.com/columnists/georgewill/printgw20040613.shtml - phil.busch, on 10/12/2007, -2/+2US Citizens to Government: Open the ***** reserves in Alaska!
- DoctorL1337, on 10/12/2007, -0/+0adml_shake i think what is comes down to is that our country is just way to big and spread out to have a good mass transit system the only places it works r in major cities like NYC and LA just to name two
- bonlebon, on 10/12/2007, -1/+1Don't cry now, the best is yet to come:
http://digg.com/links/_Oil_barrel_at_$100,_$4.5_per_gallon_here_is_why. - Mofo, on 10/12/2007, -0/+0Yeah we have a serious lack of mass transit in the US. New York and possibly DC are the only places that qualify as far as I see, I used to live in LA and I wouldn't call it much of a mass transit system. Damn 5.75? Minimum wage in California is 6.75 (at least when I was there last few months ago). Guess it evens out though because gas is the most expensive in California and average income is higher there than the rest of the country.
- metamorphosis, on 10/12/2007, -0/+0Filling up your gas tank now may be good in the short term but what we need in the long term is much less reliance on a energy supply that not only is running out but also heavily contributing to green house gas production. and there are many ways to achieve that, the problem is many of the people in power are greatly profiting from the increased price of gas, so they have no interest in reducing our dependence on it.
- joamox, on 10/12/2007, -0/+0There is gas frenzy where I live right now and it is just ridiculous. There were cars lined up into the road at all the gas stations. Eventually you're going to have to refill at a higher price anyway. So yeah, everyone stop rushing to the pumps like crazy people.
- Denjira, on 10/12/2007, -0/+0So.. will Quebec be affected?
- ellinj, on 10/12/2007, -0/+0The problem is that gas prices always rise at the slightest provocation. As we all know they rise much faster then they come down. They rose several months ago on the speculation that their would be disruptions in the gulf do to storms. Now that there actually is a storm we are seeing them rise again.
Same thing when the Saudi King died. He had been efectively out of the picture for quite some time, but yet when he died the prices went up. In normal markets we wouldn't see this double increase.
I suspect that once the summer driving season calms down after labor day we will see some relief. although I do think that $2/gallon gas is here to stay. - atf487, on 10/12/2007, -0/+0carloscomputers: i'd die before i own an suv. stop generalizing.
anyway, i remember when i was younger that gas was in the 1.xx in the 90s. thats amazingly cheap compared to now. - pharmd, on 10/12/2007, -0/+0"i'd die before i own an suv. stop generalizing. " atf487
It's not only suv's that guzzle gas douche, what about that sweet old american tradition, the Ford Mustang GT...don;t know the numbers but i doubt it gets 30mpg...other cars that come to mind are the gto, dodge magnum, oh and dont get me started on pick up trucks. Are you kidding me, f150's, dodge pick ups with ***** viper engines in them
i think my point at the beginning of all this was its not only the suv's that guzzle gas. - nugget, on 10/12/2007, -0/+0*The metric system actually makes a lot more sense than the American system, and you spelled retarded wrong, you retard.*
well in canada they put an e on the end of liter so first check the correct spelling from where someone else is before you say they are worng. - inactive, on 10/12/2007, -0/+0thankyou pharmd for backing me up on my comment earlier
- leonbev, on 10/12/2007, -0/+0Sad thing is that this guy was RIGHT. Gas has gone up 30 cents a gallon here in the past three days :(
- capran, on 10/12/2007, -0/+0What good would that do? It'd just cause people to swarm the pumps on Monday and Wednesday.
- Edgen22, on 10/12/2007, -0/+0What about banning the sale of gas every tuesday? Would that help? Maybe if we give the supply a break from the demand, then it will be better?
- tastypastry, on 10/12/2007, -0/+0the earth only has so much oil to offer. its already peaking in the Middle East. once its gone were ***** in america. we'll have our cement SUV's stuck in our cul de sacs.
- Web_Weasel, on 10/12/2007, -0/+0Filled up at lunch today. Diesel is 2.69 here in Overland Park, KS
- modpancake, on 10/12/2007, -0/+0$2.60 in Lincoln, NE. But that was 36 hours ago... before any of this New Orleans stuff was even predicted.
- DoctorL1337, on 10/12/2007, -0/+0Mofo well the min wage here is $5.15 so I'm making 60 cents more an hour which is nothing i should get at least 8 for all the ***** customers i have to put up with. i always think to myself hey go F off but i need the job and nobody around were i live is hiring and if they are its not for anymore a hour. I also have to add that it is bull how they think because I'm only 17 and going though high school they can pay me like *****. i don't want to be conceded or anything but i would say I'm smarter then almost all of the people that work there
Anyway this gas thing really sucks and i heard that it is going up 15 cents by the end of the week because of the hurricane - mikerm19, on 10/12/2007, -0/+0YoDiggity, I would love to see you hop on one foot, or even ride a bike to my job and back to my apartment. Please, knock yourself out, that is if a car doesn't do that first on the highway.
Unfortunately America is built around big cars and SUV's, so riding a bike long distances isn't practical. Yes, I could ride my bike all the way to work, but I have 2 choices, ride it down the interstate illegally, or ride it down a small busy country road with no sidewalks that parallels the highway. Yeah, that doesn't sound appealing to me. I could ride the bus, but they don't go out that far anymore, and they don't run past 11p which is when my shift is over. I could ride a moped, but it would be too dangerous because of the idiot drivers and that would just piss everyone off.
I really wish we could get America reformed and make it better for bicyclists, mopeds, etc. to commute, and get rid of those big gas hogging worthless SUV's that people keep spending money they don't have on. This whole situation is at a really sad state, we have the technology but the big oil companies keep lobbying our screwed up government to suppress it.
I also agree with the fact that the American system of measurement sucks, because it does.
I really want to get my motorcycle, mmm, I wish I had money. - inactive, on 10/12/2007, -0/+0stop bitching about prices, America has cheaper fuel than most developed nations. We're paying about $1.20 per litre here in Australia at the moment which is roughly $3.50 per gallon, you guys still have it really good for fuel. If you all stopped driving such gas guzzling cars around then the demand would decrease and prices would even out a bit.
- Smarterdanu, on 10/12/2007, -0/+0@phil.busch
they did like a year or two ago. It's gonna be ten years before we get any oil out of there. - MikeMacMan, on 10/12/2007, -0/+0If everyone fills up now gas WILL sky rocket. Don't be stupid. Scares like this are exactly what drives up gas prices. The same thing happened after 9/11.
- meatypuffs, on 10/12/2007, -0/+0Just filled my car up before the price raises. $2.549 for super unleaded in Chadron, Nebraska. I wonder what it will be in the next few days. What are the lowest prices you guys are seeing?
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